Shares of Swiggy Ltd. and Eternal Ltd. have outperformed Chinese peers due to profit expectations.
India's e-commerce stocks, particularly in the quick-commerce sector, are thriving with Swiggy and Eternal leading the market.
Established players like Swiggy, Eternal, and Zepto are expected to maintain market share against new entrants due to efficient operations and supply networks.
Despite challenges and unprofitability, Swiggy and Eternal are poised to benefit from India's growing quick-commerce market.